Snoop Dogg EXPOSING Music Industry: Michael Jackson & Taylor Swift (via Full Send Podcast)

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  • Опубліковано 28 вер 2024
  • In this #SHORT, Snoop Dogg EXPOSES the music industry while on the Full Send Podcast with the Nelk Boys. In this interview, Snoop shares some shocking facts about Micheal Jackson, Taylor Swift, and how artists actually make money with music. This is a MUST-LISTEN SHORT!
    In this short video, Snoop Dogg takes to the Full Send Podcast to share his thoughts on the music industry. This is definitely an eye-opening interview that you don't want to miss! #popcapitalist
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  • @LuisGonzalez-zx7wi
    @LuisGonzalez-zx7wi Рік тому +3687

    Prince spoke about this in the 80's and he got a shit load of flack for it. He said artists were getting robbed

    • @PopCapitalist
      @PopCapitalist  Рік тому +346

      He got a shit load of flack because he was exposing that artists were getting robbed to the public. Snoop and everyone else are just continuing Prince's legacy of making sure people know the truth and how to properly position themselves if they're joining the music game.

    • @krizjamz9823
      @krizjamz9823 Рік тому +64

      That's why they ended him.

    • @supamariosoniku
      @supamariosoniku Рік тому +74

      The 90’s to be exact, 88 or 89, is when he most likely figured out the industry was bs. He started marking the word Slave on his cheek between 93-94, and officially left Warner Bros 95.

    • @GuessWhatHappened1
      @GuessWhatHappened1 Рік тому +21

      I cant say robbed if its in the contract. But they are being expolited in some cases.
      They issue i see with alot of rappers some only rap, no beats, no maketing, no deals, no merch, not setting up tours, no mixing, or soundtrack placing. Some probably don't even upload.
      Its hard to say artist sould get more when some just sing or rap on a track, but never actually get the songs to generate money. If the product is a song they are [low] 10->50% [high] the labor of it. And 0% of the sells and market labor

    • @elbow71203
      @elbow71203 Рік тому +1

      Flack from who gtfoh

  • @Truedoogie
    @Truedoogie Рік тому +20320

    Man, it's so cool to hear Snoop legitimately talk business.

    • @PopCapitalist
      @PopCapitalist  Рік тому +500

      That’s why I had to make a short of this. Snoop is an amazing OG, so it’s cool to hear his perspective on running in the music business

    • @daseapickleofjustice7231
      @daseapickleofjustice7231 Рік тому +276

      He's a businessman. Not to mention his friend Tupac studied Marx and Stalin economic theory

    • @PopCapitalist
      @PopCapitalist  Рік тому +119

      @@daseapickleofjustice7231 I didn’t know he did that

    • @R4INTUcanaldeCODiotrosjuegos
      @R4INTUcanaldeCODiotrosjuegos Рік тому

      @@daseapickleofjustice7231 except Marxist Economics ain't real lmao

    • @felipetomaz1087
      @felipetomaz1087 Рік тому +28

      He's good

  • @mynotificationsareofflads
    @mynotificationsareofflads Рік тому +188

    Even Michael Jackson is having remastered albums. The idea of the Remastered albums came back way before. ❤

    • @kevmccormick1767
      @kevmccormick1767 9 місяців тому +15

      No body is saying it didnt, snoops just using taylor swift as a example, not because shes only example but most likely because shes 1 of the most well known popstars in the world.

    • @jukii.mp3
      @jukii.mp3 8 місяців тому +10

      She re-recorded whole albums, it’s not a remaster

    • @benwu7980
      @benwu7980 7 місяців тому +2

      @@jukii.mp3 Exactly, Snoop is correct about the general points, but made a mess of the Tay point. She wanted to buy those masters, and due to 'less than savoury' exec's, she re-recorded them instead.
      That she had Songwriter Copyright was what allowed her to, being different to Publishing Copyright.

    • @lavenderbee3611
      @lavenderbee3611 Місяць тому +3

      Remastering is different from having to re-record albums from scratch. The record company still owns the remaster if they owned the original master.

    • @chappy9472
      @chappy9472 Місяць тому

      @@lavenderbee3611 A song/composition has two sets of rights: the writer's share and the publisher's share. The writer's share is the right attributed to the songwriter/composer and the publisher's share refers to the share of revenue for which admin rights can be attributed to a music publishing administrator such as Sony Music Publishing. Taylor rights as the songwriter/composer permitted her to re-record her albums and redistribute them under a different publisher, maybe her own publishing company.

  • @chrissy3189
    @chrissy3189 Рік тому +869

    TLC explained it best. 3 cents a copy and that was split 3 ways.

    • @UniversalMokenTroll
      @UniversalMokenTroll 3 місяці тому +15

      I believe it was 7-8 cents.

    • @jackywchen
      @jackywchen 2 місяці тому +13

      ​@@UniversalMokenTrollbefore or after tax?

    • @marieleelee
      @marieleelee Місяць тому +22

      And then they go on to explain that they have to pay the managers, they had to pay the venues, security, PR, marketing etc etc. so by the end of it they had a percentage of a percentage of a percentage of which they ALSO had to split 3 ways.

    • @radicalreactions1633
      @radicalreactions1633 Місяць тому +7

      It was 17 cents depending on the cost of the CD, then depending on how much the album sold in terms of copies.

    • @radicalreactions1633
      @radicalreactions1633 Місяць тому +2

      @@marieleelee That was from touring which is where ALL artists make their money.

  • @slimtee2
    @slimtee2 Рік тому +561

    That’s why singers are always touring. They have to. They owe the label because they are owned by the label. Even the old school A-Listers like The Rolling Stones, Diana Ross and Patti LaBelle. They are worth $300 million and still touring, and they’re damn near 80 years old.

    • @ericleyton4153
      @ericleyton4153 6 місяців тому +33

      The stones tour because they want to. I don’t feel sorry for millionaires. Football players only make a small percentage of the revenue as well but they wouldn’t have a platform if it wasn’t for the owners etc. same as the labels.

    • @Domino13334
      @Domino13334 6 місяців тому +36

      Many tour in their later years because of the high costs their lavish lifestyles produce. They go continually to the finest restaurants, the best hotels in town, travel in private jets, buy expensive designer clothes, all kind of other luxury items. And you want this to go on for the rest of your life and it costs millions of $. Sure, than work until you drop.

    • @trizzybones
      @trizzybones 3 місяці тому +11

      That's not how it works. Artists are always touring because they make the most money off of touring. The reason they make less on record sales is because the label pays for all the costs associated with the record, the label takes all of the risk in recording the album and have to cover their overhead for the business operations that support and promote the artist, therefore they also take more of the profit. They don't own the artist and the artist doesn't owe them money, they do own the recordings and license to the songs.

    • @Koala-jj7go
      @Koala-jj7go 3 місяці тому +4

      The label is like a giant dog. The artist is a flea on the dog

    • @UniversalMokenTroll
      @UniversalMokenTroll 3 місяці тому +2

      @@Koala-jj7go Is the flea collar the pen used to sign the papers voiding the artists' contracts?

  • @NoahStephens
    @NoahStephens Рік тому +849

    “It’s called royalties and shit.”
    Genius advice.

    • @PopCapitalist
      @PopCapitalist  Рік тому +32

      That's how deep it goes in the business

    • @Danny_SE11
      @Danny_SE11 Рік тому +18

      They'll be other complicated terminology that you've never even heard of just to confuse you

    • @malcomx1924
      @malcomx1924 Рік тому +3

      Everyone crying over here but Michael Jackson did the exact same thing to artists. Look at the howie interview where Michael told his friend and one of the biggest artists that its just business. I get that blxks aren’t the most intelligent or very business smart except for slinging rocks, but come on.

    • @nepsessu258
      @nepsessu258 Рік тому +14

      @@malcomx1924 ?

    • @beinerthchitivamachado9892
      @beinerthchitivamachado9892 Рік тому

      @@nepsessu258 LMAO, and this nigga got Malcom X as his YT name. He off a perc.

  • @Kidd0Wycked
    @Kidd0Wycked Рік тому +724

    He just said the label wasn't the bad guy, and explained why they ARE the bad guy. . .

    • @PopCapitalist
      @PopCapitalist  Рік тому +33

      Lmao even I didn’t catch that 😂

    • @Truedoogie
      @Truedoogie Рік тому +171

      Well what he is actually saying is that the label, today, is a derivative of the system created years ago. His point is to say that the label didn't just start behaving this way. It's been this way.

    • @PopCapitalist
      @PopCapitalist  Рік тому +39

      @@Truedoogie yeah and it made more sense when the label was acting that way years ago. But tech changed everything

    • @kevinflores6884
      @kevinflores6884 Рік тому +13

      Because he owns a label

    • @FrostDzNz
      @FrostDzNz Рік тому +18

      No, he just said its a system then explained what the system was. Its easy to see them as the bad guy when you have a full understanding of whats really going on, yet every artist buys into the same system at some point. He didn't really give opinions, just facts. The issue is that the facts paint a terrible picture, but it is what it is.

  • @Mjohn_41
    @Mjohn_41 5 місяців тому +7

    Michael was the highest paid per album sold in the 80’s-90’s he was making I believe close to $4 per album which was never heard of before in the 80’s .

  • @meyersrm3586
    @meyersrm3586 Рік тому +194

    Snoop kept it 💯. Taylor is smart for remastering her album. 👏🏻👏🏻👏🏻

    • @psyourauntie
      @psyourauntie Рік тому

      Remastering?? Explain please.

    • @VilaToro64
      @VilaToro64 Рік тому +1

      ​@@psyourauntie id like a explanation on that too cuz it would matter if you remastered it right they still own the rights to that music

    • @bradyperkins4882
      @bradyperkins4882 Рік тому +19

      @@VilaToro64 i know it’s late to be responding but because she write the songs she owns the lyrics, the label just owns the specific recording of her voice. So she can use her lyrics to re record every song and technically with the deal she has with her new label, she owns it 100% now (lyrics and the recording)

    • @VilaToro64
      @VilaToro64 Рік тому +9

      @@bradyperkins4882 damn that smart I wonder why other singers don't follow suit the ones that can will let you know they are ghost writers

    • @SteelSpurs
      @SteelSpurs Рік тому +10

      ​@@bradyperkins4882That's fucking brilliant. Good on her.

  • @AbdullahAl-mamun-cd4wi
    @AbdullahAl-mamun-cd4wi 11 місяців тому +16

    The world's best musician and dancer Michael Jackson. His style of dancing and singing music never seems childish. He always sang music in deep voice, so his songs are hit and catchy. Moreover he always wrote teachable music. He was the only person in the world who performed dance-music together in front of live audience. May her soul rest in peace'''🇧🇩🎵🎧🇧🇩

  • @معراج-ل4ب
    @معراج-ل4ب Рік тому +246

    People need a legend like snoop to tell them that big corporations are bad until they open their ears

    • @fettywapsmissingeye
      @fettywapsmissingeye Рік тому +6

      Artists have been doing this for years. OutKast who had the highest selling rap album ever called out labels back in 1996, GZA from Wu tang one of the biggest groups in history also did. And imo all of those 3 are bigger legends than snoop

    • @PopCapitalist
      @PopCapitalist  Рік тому +15

      Some people need a familiar face to tell them something. It's just like taking the word over an old friend over a stranger. Celebrities in the mind of the average person occupy that same kind of familiar space.

    • @معراج-ل4ب
      @معراج-ل4ب Рік тому +2

      @@PopCapitalist well said

    • @bathalamulejackson8965
      @bathalamulejackson8965 Рік тому +2

      Snoop don't know chit...look up Michael Jackson Fr... Look at interviews wit ppl who were really friends wit Michael who knew the truth...

  • @tikidavis7136
    @tikidavis7136 10 місяців тому +3

    Michael was getting $2 for every copy of Thriller sold. That was the highest royalty rate in the music industry!!!

  • @Songfugel
    @Songfugel 7 місяців тому +4

    Facts, MJ made most of his money by buying the rights to the songs of other bands like the Beatles.
    Ironically, the advice to invest in other bands was given to him by Paul McCartney, and once MJ outbid him on the Beatles songs, their friendship was terminated by Paul

  • @shiftt.
    @shiftt. Рік тому +64

    The vast majority of profits should go to the artists who make the music. The recording industry should be paid a fair share for their service, and that's it.

    • @samaramorgan8023
      @samaramorgan8023 Рік тому +4

      No, the artist gets a PERCENTAGE of the PROFITS. Artists are owned by their label, you wouldn't (normally) give something you own the bigger share. That doesn't make financial sense.

    • @shiftt.
      @shiftt. Рік тому +20

      @@samaramorgan8023 I'm saying how it should be, not how it is.

    • @sonofyah_
      @sonofyah_ Рік тому +10

      this is why you should stay independent.

    • @mystrre3553
      @mystrre3553 Рік тому +4

      No. It may seem like that should be the case but the hardest part in that industry is distribution and marketing. There are TONS of great independent artists rn in YT and Spotify but you don't see them breaking through and making big $$$ getting radio play. Do you ever wonder why? Lol. It's not the label's fault that these artists signed bad contracts. If it's a bad deal that you "feel like a slave", which is an absurd statement, then don't sign or live an ultra lavish lifestyle spending all that money. Re-invest in yourself until you can pay for your own studio, distribution, etc. and own your Masters.

    • @DESmadroso22
      @DESmadroso22 Рік тому +1

      The music business is the ONLY market where you can get away with this BS. They actually have the power if they stood together to make a change but everyone is too worried about their own bag to pull it off.

  • @CousinPeaches
    @CousinPeaches Рік тому

    For the record, Michael secured the highest royalty rate ever at that time of $2 and album!!! That’s unheard of even today, it was OUT OF THIS WORLD for 1982! So when it went on to being the greatest selling album of all time, that’s when he was rolling in the money and how he bought the Beatles masters and all the other publishing shortly thereafter

  • @angelo8516
    @angelo8516 Рік тому +39

    Prince, James Brown and Michael Jackson all talked about this years ago. This isn't new information!

    • @ethanang8099
      @ethanang8099 7 місяців тому +2

      Since Elvis Presley and Beatles Era already have the same situation.

    • @ethanang8099
      @ethanang8099 6 місяців тому +2

      Even the Beatles were also shocked by it too, way before Michael bought the Beatles

    • @Domino13334
      @Domino13334 6 місяців тому +1

      They all all made so much more money than litterally people in other professions. They all had these mansions and cars and what not, while others make 5 figures a year.

  • @211reid
    @211reid 8 днів тому +1

    I like how that death row chain is designed like the no limit chain he had

  • @ashleywills8761
    @ashleywills8761 Рік тому +17

    TLC said the same thing even Prince too, Nipsey said it

  • @stal2281
    @stal2281 Рік тому +54

    Censoring snoop doggs casual swearing should be a crime.

    • @PopCapitalist
      @PopCapitalist  Рік тому +3

      I mean UA-cam is cracking down on cursing. We'll be switch things up though with the censorship sounds

  • @Elezium
    @Elezium 2 місяці тому

    Just saw this today...Snoop is 100% bang on here - I have friends who make music, release it on an indie label and get to tour...each one hates making albums cos they lose a bunch of money making it, but they know they have to make an album to tour, cos touring is where they make their money for their music...

  • @shanithickaz6431
    @shanithickaz6431 Рік тому +6

    This is why most Artist goes to be a Independent Artist than to get Signed by a Record label and I don't blame them

  • @MntlWard
    @MntlWard 7 місяців тому

    It's even worse now in the streaming age, but here's how it used to work.
    The artist would get $.10 for each album sold, hypothetically. But there was an amount deducted from that because it was assumed that a certain percentage of albums would be returned because they were broken in some fashion. Also, the cost of producing the album would have to be paid by the artist before any of those dimes would actually be paid to the performers.
    Artists made most of their money from touring, and not from ticket sales, because the labels would keep most of that for the cost of the tour. The t-shirts are how the band would get paid.

  • @LADYDIVAful
    @LADYDIVAful 3 місяці тому +1

    Tyrese wasn't shedding tears over the label, but rather over child support, poor Tyrese!🤣🤣🤣

  • @donnafreeman1571
    @donnafreeman1571 Рік тому +8

    Snoop is not lying at all. These artists are not making money like that. Yes, they make more money than us (for the most part) but in reality, they're only making the label wealthy.

  • @OGM_OriginalGameMusic
    @OGM_OriginalGameMusic Рік тому +135

    Knowledge is key here. You can record and mix your own for next to nothing these days.
    You can release your own album to all platforms for about 25 dollars a year.
    You can pay for professional ad campaign creators for like 300.
    Learn how to do things at a young age so by the time you hit 30 you don't need to rely on this massive system (with 100s of employees to pay)

    • @PopCapitalist
      @PopCapitalist  Рік тому +15

      Ayyyye, someone knows the knowledge! Yeah this is why I like artists like Russ who freely share the blueprint of how they do it like this

    • @amzidoeseverything
      @amzidoeseverything Рік тому

      @@PopCapitalist Russ who? Im genuinely interested to know

    • @PopCapitalist
      @PopCapitalist  Рік тому +6

      @@amzidoeseverything Russ is another independent artist who's extremely transparent about how much he makes as an independent artist. He's got lives breaking down how he went from making a few bucks a month on his music to making over $100k per month from his music. Subscribe since we're going to be doing a video on him soon. Probably one of my favorite independent artist case studies

    • @Leonisel
      @Leonisel Рік тому +1

      ​@@PopCapitalist one of my favorites rn!

    • @marydavis8012
      @marydavis8012 Рік тому

      ​@@PopCapitalist is he on Instagram or UA-cam with this info? I just made a single and would love to know more.

  • @juliecote7479
    @juliecote7479 3 місяці тому

    "The record companies are nothing without the artists- without the artists they are nothing but hardware"-- Michael Jackson

  • @shawndotson8209
    @shawndotson8209 Рік тому +10

    Master P taught Snoop Dogg WELL!✊🏾🔥

    • @PopCapitalist
      @PopCapitalist  Рік тому

      Yes Master P most definitely did teach him well.

    • @rasjahson6261
      @rasjahson6261 2 місяці тому

      Michael Jackson’s lawyer taught Master P well. 🤣😂

  • @calebn1375
    @calebn1375 Рік тому +20

    People should be entitled to the fruit of their labor. Not their boss. Manager. Or suited execs in a corporate office!

    • @PopCapitalist
      @PopCapitalist  Рік тому +3

      You're right they should be entitled to the fruits of their labor.

    • @optiTHOMAS
      @optiTHOMAS Рік тому +2

      Absolutely!
      _"Is a man not entitled to the sweat of his brow?"_
      - Andrew Ryan

    • @edub9930
      @edub9930 Рік тому +2

      Same applies to every job ive had. Employees get scraps 🤷

    • @Inspiredteacher1
      @Inspiredteacher1 Рік тому +1

      Worker-Cooperatives over capitalism.

  • @jeredsteadman4160
    @jeredsteadman4160 10 місяців тому

    Man Snoop Dogg sounds like the hero we need in the music community man where's all that death row music at that you ain't going to make any money off the top or put it on a streaming site that I know you ain't going to make no profits St Snoop just like record producers do

  • @juanjavierm
    @juanjavierm 7 днів тому

    It is sheer wisdom who is getting his way through his lips.

  • @emily-clark
    @emily-clark Рік тому +46

    Michael made 1 dollar per album sold which is why he went to court to get 2 dollars. The record company still made 8 dollars. Basically, the record companies take 90% every time an album is sold, even today.

    • @PopCapitalist
      @PopCapitalist  Рік тому +5

      They take 90% unless you know how to get leverage for better negotiation terms.

    • @prolific1518
      @prolific1518 Рік тому +6

      ​@@PopCapitalist they all have the same contracts. Record labels move like a cartel.

    • @demetricwilliams6864
      @demetricwilliams6864 Рік тому +4

      Yeah but Mj owned half of Sony records so he got paid off his albums plus many other artists.

    • @emily-clark
      @emily-clark Рік тому +6

      @@demetricwilliams6864 Michael took them to court in 1983. You're talking about something that occurred in 1995 (when Michael finally owned 50% of Sony/ATV music publishing, including his own).

    • @emily-clark
      @emily-clark Рік тому

      @@demetricwilliams6864 In other words, there are no "Yeah but..." in the story.

  • @lordmortimer8055
    @lordmortimer8055 Рік тому +58

    So sweet to hear Snoop praising Taylor Swift.

    • @sharr-riflawless4984
      @sharr-riflawless4984 10 місяців тому +1

      Snoop knows the business,all the celebs we luv to see at concerts like Queen Bey, Actors like Denzel,they are super intelligent on having enough knowledge to keep they family circled around them and staying as private in their regular life as can be.

  • @firstnamelastname6717
    @firstnamelastname6717 Місяць тому +1

    The Record Labels are the real O.G’s and Thugs bruh!

  • @Necronlord2011
    @Necronlord2011 Рік тому +4

    Snoop talking about the most known basics of the music industry like he's spitting some insane wisdom

    • @Twelly93
      @Twelly93 Рік тому +1

      Yeah. Anyone that's watch multiple episodes of behind the music knows this due to all the artist telling the stories of how they got played by the industry

    • @chucknorris2266
      @chucknorris2266 Рік тому +1

      Not everybody a music artist

  • @EsoTownBizz6500
    @EsoTownBizz6500 Рік тому +5

    "Industry rule number 4080, record company people are shady."
    -- Q-Tip 1991
    Should actually be rule number 1

  • @hungrynebs
    @hungrynebs Рік тому +4

    A lot of it comes back to signing contacts without understanding what you’re agreeing to

  • @theresachadwick3158
    @theresachadwick3158 9 місяців тому

    Snoop telling it straight...The label is the one who is Rollin in the dough...The artist barely gets money for the product they made...it's been like this since way back in the 60's...

  • @nathalieduverna6963
    @nathalieduverna6963 Місяць тому

    TLC already said this ...how to be poor selling millions. The artist has to hustle, concerts, endorsements etc .. that's how artists make money

  • @Caleb-fv5fp
    @Caleb-fv5fp Рік тому +4

    The audience doesn’t care about all the work the record labels did to get the artists to where they are the audience only cares about the artists talent and the audience is paying for that talent

  • @lew708
    @lew708 Місяць тому

    Snoop, it ain’t about artists getting most of the money because they are the ones everybody loves…It’s y’all art, hard work, performance, and creation. It’s YOUR product and why YOU should get most of the money.

  • @Honeybeez5535
    @Honeybeez5535 Рік тому +14

    That is the old math. MJ owned the publishing for Eminem, Cher, Bob Dylan, some Elvis, owned Graceland, the Beatles and all of the original Jackson 5, his solo work and all unreleased works of both J5 and himself just to name a few totaling somewhere around half a Billion dollars. Forbes called it the largest catalog in history owned by any single artist. To say MJ ain’t made no money is loose talk. Thriller was certified Platinum 34x - highest selling original album of all time.

    • @PopCapitalist
      @PopCapitalist  Рік тому +2

      Compared to what the labels made off Thriller he made nothing. He negotiated to get his masters back after Thriller

    • @Honeybeez5535
      @Honeybeez5535 Рік тому +1

      @@PopCapitalist the label is almost always different, I see your point.
      According to Forbes, [MJ at age 24/25] "What is clear is that the release of “Thriller” kicked off a period of massive earnings for Jackson, with Forbes reporting that the “King of Pop” pulled in $134 million (from album sales, touring and other sources) in just the two years following the album's release Nov 30, 2018".
      Remember people were still buying videos back then so to promote that, "Utilizing his leverage, Jackson got MTV to pay $250,000 for exclusive rights to show the documentary on cable. On top of that, Showtime put up $300,000 for the pay-channel rights." - Board Room
      Rap artists were not working deals like this yet and were not exposed to the inner workings yet.

    • @dariusp422
      @dariusp422 Рік тому

      What I think is going on here is you’re a Michael Jackson fan that knows nothing about business that involves the music industry you’re just taken it as mj is broke lemme break it down to you mj should have a whole lot more and as far as owning publishing’s to Eminem etc that’s just stocks and bonds the record company’s own that he was 200 million dollars in debt before he passed away Michael Jackson is with trillions on paper but as far as how much he had on him and in his bank was thousands all athletes actors and entertainers don’t have the money you think they have mj didn’t own anything the Jewish record companies owned all that

    • @joshuafakunmoju9582
      @joshuafakunmoju9582 Рік тому +6

      @@Honeybeez5535In other word young MJ was a veteran when it came to deals. He knew his worth and can’t be compared to any other artist’s deal, his deal was probably one of a kind so does not compare

    • @ArchieHudspeth
      @ArchieHudspeth Рік тому +1

      Yeah....but...the white man made the thriller money................

  • @cheardsful
    @cheardsful Місяць тому

    Thanks for helping me to understand this industry better.

  • @SoDakJason
    @SoDakJason 2 місяці тому

    Steve Albini wrote a blog post "The Problem With Music" back in the 90s that detailed how artists were being ripped off.

  • @MuhammadImHardBruceLee
    @MuhammadImHardBruceLee 8 місяців тому

    What if...
    Musician = Founder
    Album = Startup
    Contract = Term sheet
    Royalties = Equity
    From the little I know about the industry, it seems that artists are prevented from 'incorporating' their projects thus, in 'startup speak', the record company owns equity in the founder/artist and not in the startup/album itself... No founder would agree to this, as it would be career suicide.
    Lastly, unless your project has solid consistent income, DO NOT take on debt - even at 0%... An 'investor' who wants to own you, will always offer debt... Someone who believes in the project will offer equity investment.
    Thank you for listening to my Ted Talk.

  • @BSmitty4rm8Fitty
    @BSmitty4rm8Fitty 5 місяців тому

    Artist are employees. Plain and simple. You sign that contract you become an employee at the bottom of the food chain. That being said, be wise with your money.

  • @PurpleRain500
    @PurpleRain500 2 місяці тому

    Speaking facts like this is what got Prince AND Michael killed. There are some wicked people in that industry. I believe they knew that Michael had an addiction problem going back to the Pepsi commercial, and they exploited that to off him. And with Prince, he was in a lot of pain due to his performing habits: wearing high heels for 30 years on stage, and I believe that they exploited that as well, knowing that he was seeking pain relief. Both of them were HUGE whistleblowers and they killed both of them.

  • @Elwrt455
    @Elwrt455 8 місяців тому +1

    Prince was saying this and people called him crazy for writing "slave" on his face.

    • @jamsng
      @jamsng 7 місяців тому

      Prince only said they were thieves. he didnt explain in detail which regular person was gonna understand what he was saying and artists still make way more money than the average person

  • @ReeChad.
    @ReeChad. 2 місяці тому +1

    Be like elon musk , twitter wanted to ban him then he came back as the owner 😂😂😂

  • @humanr.e8529
    @humanr.e8529 23 дні тому

    Mike was getting $2 a record by Thriller while Tlc was only getting .50 a record to split. Industry shit is wild

  • @jimipurple123
    @jimipurple123 20 днів тому

    The record company pays the bills. They pay for the studios, travel, hotels, food, drink, dancers, clothes. They pay the song writers, the producers. They pay the promotion stuff too. Once all that is paid how much is left

  • @marcusgronwall1340
    @marcusgronwall1340 10 місяців тому

    I am no fan of these big record companies, but as far investing in an artist, the companies would pay for everything. These days artists can make records at home and keep every single cent that comes in!

  • @ghost-zy1ix
    @ghost-zy1ix 4 місяці тому

    PRINCE, MICHAEL JACKSON AND GEORGE MICHAEL SAID THAT
    FUCK THE MUSIC INDUSTRIE

  •  8 місяців тому

    This is why imma stay independent

  • @StephanieDyane
    @StephanieDyane Рік тому +14

    Wowwwww hilarious yet sad but true!

    • @PopCapitalist
      @PopCapitalist  Рік тому +1

      That's how it goes in the music industry

  • @mufasa2783
    @mufasa2783 Рік тому +4

    People need to understand what owning the masters really mean

  • @Longislandteaboy
    @Longislandteaboy 5 місяців тому

    Michael owned the masters, got $15million dollar advance each album regardless of sales and 25% royalty rate. He was the exception.

  • @ibnjones6605
    @ibnjones6605 2 місяці тому

    R.I.P. Prince has been talking about this for years. Part of the reason he changed his name, owned his music, and didn't trust the industry.

  • @keepitbasic47
    @keepitbasic47 2 місяці тому +1

    Correct me if im wrong cus i might be but the producer/s usually take 50% royalties, if the beat was sampled that artist could get 10 -15%, streaming services take a little bit as well i think maybe 5% or so, then the record label takes most of the overall %

  • @andrewdamore2571
    @andrewdamore2571 7 місяців тому

    IIRC it was James Hetfield that said if you were to be a mildly successful garage band with a single and produce your own record, you'd make about the same as Metallica is while signed to a major label

  • @mip0
    @mip0 9 місяців тому

    I know some ppl who put their music on spotify. They're not big, but it's still surprising that they get only 0.003 cents per listen. So if their songs were played 1 million times they would get $30..
    It's the fault of us consumers too though, expecting entertainment to be basically free.

  • @Hizzy.Fitness
    @Hizzy.Fitness 5 місяців тому

    It’s why MJ started buying catalogues, gave some of them back to his music idols. Sony didn’t like this, this is one of the reasons why around that time MJ bought some of the catalogues, the media started turning on him and slandering his name.

  • @fromarmytoarmy
    @fromarmytoarmy 11 місяців тому

    That's why hybe and big hit music are the best music companies ever

  • @WNHTCT
    @WNHTCT 11 місяців тому

    It's just like those old sitcoms too. Those actors got screwed.

  • @megalodon_bite6887
    @megalodon_bite6887 2 місяці тому

    It was good money at the time.
    And that was just the beginning of the reign.

  • @hothotheat3000
    @hothotheat3000 10 місяців тому

    The boss always gets the bread. Movie stars make millions. The producers and executives are making HUNDREDS OF MILLIONS.

    • @Domino13334
      @Domino13334 6 місяців тому

      The company as a whole does. They have everything ready for talent to make money. That isvan asset and deserves to be paid fairly. They also take a risk and that is also worth $$$. They do the marketing. They pay for insurance. They have to pay all kinds of people in regular jobs. Energy bills, food supplies. And than there are all kind of production costs.

  • @Fabricking24
    @Fabricking24 2 місяці тому

    That’s why people on social media need to copyright their music before they uploaded on social media because when they don’t the social media platform that uploaded the video as long as TikTok, for example pays you TikTok owns the rights to your uncopyrighted music. People need to stop uploading unwritten music to social media.

  • @Awsme_J
    @Awsme_J 3 місяці тому

    Never sign a label contract, work on your craft, credit, cash and you can be richer than many artist today. You’re better off working on your credit, staring a LLC, and getting a 15-30k loan from the bank to invest in your career. That’s basically what the label will do except the interest rate you will pay back far out weights bank and you still own all your music. Find a manager and rock out. It can be done if you’re strategic and consistent.

  • @AvaGrail
    @AvaGrail 10 місяців тому

    I love that artists are beginning to forge their way out of this rigged predatory system.

  • @deno9607
    @deno9607 5 місяців тому

    That's how the whole planet esp usa works. A few people are making money off of everyone elses hard work. We are out here struggling to survive while they relax.

  • @Cathul
    @Cathul 7 місяців тому

    Snoop expressing what Prince was saying already in the 90's. If you don't own the master tapes, you don't own your music.That's why T. Swift did the Remasters... she owns the remasters now and told everyone of their fans to buy the remasters instead...
    Smart move...

  • @mr.dawson1988
    @mr.dawson1988 11 місяців тому

    Back in the earl 80’s, I think michael was getting around 2% of the royalties from Thriller album. Even though it made him rich, other people benefited from the other 98%

  • @thejack5952
    @thejack5952 9 днів тому

    Snoop said the thing that of lot of people need to start doing: Looking that shit up! Stop being lazy and do your research about things like this!

  • @RainbowWeldon
    @RainbowWeldon Місяць тому

    Similar to authors. My mom made like a dollar a book for her $13 book. Curious - maybe there is more overhead in publishing, I’m not sure but seems like a lot of systems need to be re-evaluated so we value the artists and not the industry executives. And by value I mean where the money goes!

  • @alexgamble4718
    @alexgamble4718 4 місяці тому

    The record labels in a lot of cases take the risk fronting cash to build an artist up, that is why historically artist get a minority cut of revenue, because without the label cash and reach, they would not have a chance of breaking.

  • @JSTNtheWZRD
    @JSTNtheWZRD Місяць тому +1

    it's called business.

  • @jimjankswankson
    @jimjankswankson 8 днів тому

    He’s speaking FACTS!

  • @Taiiiiiniggaaa
    @Taiiiiiniggaaa 8 днів тому

    Micheal made 2 dollars off each album sale which at the time was the highest paid royalties for any artist

  • @babelinfocalypse8118
    @babelinfocalypse8118 9 місяців тому

    Snoop sounds like the bloke down the pub that gives you a big lecture about something they barely know about

  • @TheVidiotz
    @TheVidiotz 4 місяці тому +1

    To be fair, if the labels were the bad guys (no shit), he wouldn’t tell people that AS the owner of a label 🤣

  • @daraohara319
    @daraohara319 10 місяців тому

    I've heard very differently - I heard that at the time recording artists would make $1 off their album, Michael Jackson had his manager negotiate so that he made $2 off every album, so was earning double what everyone else did from their album. I heard he also owned the copyright to his own songs as oppose to the record label owning it.

    • @jamsng
      @jamsng 7 місяців тому

      Well if true well deserved. He worked very hard.

  • @EmilWoxenAndersen
    @EmilWoxenAndersen 9 місяців тому

    This video is the perfect example of how NOT to use sound design.. Every time a sound prompted, my brain discarded the first 2 words of what Snoop Dog said.

  • @untitled6981
    @untitled6981 8 місяців тому

    True. It should be the label getting a percentage, not the other way round

  • @WesternCommie
    @WesternCommie 7 місяців тому

    A great example of this whole thing was the thirty seconds to mars situation back in the mid 2000s. They were massive then and made millions for the label, but were still in debt to the label. It is inherent to capitalism.

  • @madqtofficial3451
    @madqtofficial3451 11 місяців тому

    And this is why Michael Jackson tried to leave Sony but they didn't want him to because he was the main artist racking in the big bucks and still is till this day

  • @frz_candy2385
    @frz_candy2385 6 місяців тому

    Similarly franck ocean released endless as a phony album for the record label he was signed to, and this ended his contract, the 24 hours later he released blond

  • @jessiej5765
    @jessiej5765 5 місяців тому

    But without these labels, you wouldn't know these artists' names

  • @ahmedm6041
    @ahmedm6041 6 місяців тому

    Snoop is business savy and I agree with what is said!

  • @b.unicornette7734
    @b.unicornette7734 12 днів тому

    Thats why you gotta go do what the Weeknd did: create your own record company and bam you are the boss, you have a word on everything and can control your own shit without anyone controlling you.

  • @jkiahampton6295
    @jkiahampton6295 Рік тому

    Snoop said look it up😂😂

  • @charissew4798
    @charissew4798 18 днів тому

    Michael brought the rights to his music.

  • @trizzybones
    @trizzybones 3 місяці тому

    Record labels take all the risk, for every superstar, there's hundreds of artists labels take risks on that don't go anywhere. If an artist wants to go it alone, they can, just pony up the money and run all the business operations themselves. But they won't because they need the label to manage the business side of things and finance their recordings. Artists make most of their money off of touring, that's how it's always been, and they can make a lot of money that way.

  • @tsyme93
    @tsyme93 Місяць тому

    The artist wouldn’t be much without the support.
    That’s why they make the most money. Because they do most of the work.
    There are unknown MJ level artists right now.

  • @lukecockburn1140
    @lukecockburn1140 9 місяців тому

    Are the Artists going to produce & distribute the Music on their own, let alone handle the legal aspect, you don’t necessarily need labels either.

  • @lamontthornton5847
    @lamontthornton5847 15 днів тому

    My mom’s friend knows Snoop Dogg because they grew up together and to believe me don’t, but I’m telling the truth

  • @WhiteBloggerBlackSpecs
    @WhiteBloggerBlackSpecs 11 місяців тому

    Taylor was smart remastering all her biggest hits

  • @DouglasFCV
    @DouglasFCV 6 місяців тому

    Vinyl disc cost 0,25 cents many years ago

  • @themr_wilson
    @themr_wilson 2 місяці тому

    mmhmm that's right, rereleases and remasters are usually the artist getting their license so they can sell their music for their pockets

  • @robertb6926
    @robertb6926 6 місяців тому

    It’s called reading a contract, maybe try it before you sign. But apparently the word ‘percentage’ is already challenging for the average rapper in America. The record company is making all the costs and taking all the risks with signing dozens of artists of which maybe 1 will be a big success. Of course they will take the majority of the profits. That is called business.

  • @davidmirandajr
    @davidmirandajr 4 місяці тому

    Same thing happens at work my father spend 22 years and counting and has nothing to show for it 5 day 12 hour shifts and at 58 has no more retirement 401k left

  • @MadeForD
    @MadeForD 4 місяці тому

    i love this side of snoop